DOW Hitting 88 Year Resistance
It can correct through time or price. One thing is clear #MMT endless deficits only benefit Asset Prices
While doing little to create economic growth.
Real GDP 2008 $15.7 Trillion Public Debt 10T
Real GDP 2021 $18.7 Trillion Public Debt
28T
We have gotten $3 trillion of GDP for $18 trillion of Public debt or $0.16 cents of GDP growth for every
new dollar created out of thin air by Gov't. While the DOW is up 138%, NDX up over 450% from 2007 highs.
We are getting less and less GDP growth while politicians talk about free money for all as a new norm when
it clearly doesn't work.
fred.stlouisfed.org/series/GDPC1
Stability Is Destabilizing ~ Minsky
How does this end?
While doing little to create economic growth.
Real GDP 2008 $15.7 Trillion Public Debt 10T
Real GDP 2021 $18.7 Trillion Public Debt
28TWe have gotten $3 trillion of GDP for $18 trillion of Public debt or $0.16 cents of GDP growth for every
new dollar created out of thin air by Gov't. While the DOW is up 138%, NDX up over 450% from 2007 highs.
We are getting less and less GDP growth while politicians talk about free money for all as a new norm when
it clearly doesn't work.
fred.stlouisfed.org/series/GDPC1
Stability Is Destabilizing ~ Minsky
How does this end?
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.